The UK and Ireland has emerged as the world's fastest growing region for financial technology investment over the last five years as London establishes itself as the fintech capital of Europe.
According to Accenture, global investment in fintech ventures is booming, more than tripling from $928 million in 2008 to $2.97 billion in 2013. Over the past three years, such investment has grown at four times the rate of overall VC spending.
The report is based on Accenture’s analysis of fintech investment data from CB Insights, a global venture finance-data and analytics firm.
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